Debt and Revolving Facility (Tables)

9 Months Ended

Sep. 25, 2021

Debt Disclosure [Abstract]

Schedule of Debt

The Company’s total debt as of September 25, 2021 and December 26, 2020 consisted of the following:

	September 25, 2021		December 26, 2020
	(In millions)
7.50% Senior Notes Due August 2022 (7.50% Notes)	$	312	$	312
2.125% Convertible Senior Notes Due 2026 (2.125% Notes)	1		26
Total debt (principal amount)	313		338
Unamortized debt discount and issuance costs	—		(8)
Total debt (net)	313		330
Less: short-term debt	(312)		—
Total long-term debt	$	1	$	330